proof of claim

Definition of "proof of claim"
  1. A documented assertion that details a demand against a debtor who is bankrupt or against the distributable estate of a dead debtor
How to use "proof of claim" in a sentence
  1. The lawyer submitted a proof of claim on behalf of his client who was owed money by the bankrupt company.
  2. For a valid proof of claim, it must clearly describe the nature and amount of the debt owed.
  3. The court dismissed the proof of claim as it had been filed after the deadline stipulated by bankruptcy procedures.

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